Financial MD&A SummaryOperating loss: Tripled to $1.7mm as expected.
Net Loss: $8.5mm
Liquidity Issue: cash $300K from $2mm, extensive mortgage payments now.
NAV: .09c/share is high presently in the MJ industry1X versus thc 2X.
With all the loans, mortgages, they have little cash and the company losses on every oz. they sell.
Tons of notes now.
They will need yet more money soon.
There could be a credit crunch coming.
I think they have gone over their head.
It's mismanaged.
I see better opportunities out there so I give this an: AVOID!